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launching redesigned versions of the cars that started this renaissance 15 years ago.
For Rolls-Royce, it’ s the 2018 Phantom VIII, the stately sedan that is the epitome of bespoke luxury. For Bentley, it’ s the redesigned Continental GT, a refined Grand Tourer delivering a combination of performance and luxury.
New Rolls-Royce Phantoms don’ t come along very often: The 2018 model is only the eighth edition since the Phantom was introduced in 1925. Men as diverse as Fred Astaire and John Lennon owned Phantoms throughout its history. As with all Phantoms, the newest edition was designed for the rear passenger. When the coach doors gently close, you are embraced in a plush, silent sanctuary, soothed by a starlight canopy that can be customized to reflect your birth constellation.
Up front, the Phantom’ s dashboard can be transformed into a rolling art gallery, where owners can display works behind a single piece of glass that also houses the instrument cluster and a retractable infotainment screen.
Wheeling: Bentley’ s Continental GT is designed for drivers, not passengers.
And with the average age of Rolls-Royce buyers dipping to the low 40s( thanks to younger customers in markets like China), the new model was also engineered to be as pleasing to drive as it is to be driven in. The Phantom floats along on an electrically controlled suspension, called Magic Carpet Ride. And a new twin-turbocharged, 12-cylinder engine delivers 0 to 60 mph in 5.1 seconds.
Meanwhile, Bentley’ s new Continental GT, likely to start at around $ 240,000, was designed for a driver who loves performance, while still swaddling passengers in luxury. Its twin-turbo, 12-cylinder engine powers the car to a top speed of 207 mph and goes from 0 to 60 mph in a dazzling 3.6 seconds.
The dashboard also astonishes. An optional three-sided display rotates, allowing the driver to choose between the sleek wood veneer, a 12.3-inch touchscreen and three elegant analog gauges.
But here is the proverbial fork in the road: While Bentley plans to accelerate growth by leveraging the engineering might of Volkswagen, including new electrified power trains, Rolls-Royce shares little with BMW. Instead, it has developed its own, scalable platform, which underpins the Phantom and future models, including Project Cullinan, its first four-wheel-drive utility vehicle, due to be revealed later this year.
Bentley’ s ambition is to grow sales to 20,000 vehicles a year, while Rolls-Royce aims to stay more exclusive, at fewer than 6,000. By comparison, Maserati sold 46,186 vehicles last year, Lamborghini just 3,104.
At prices frequently north of $ 400,000, Rolls- Royce can afford to thumb its nose at the notion of sharing platforms with a“ mass-market” brand. Its biggest challenge is shedding the stodgy image still lingering from those notorious Grey Poupon commercials from the 1980s.
Bentley, by contrast, occupies a unique middle ground between the highest-priced Mercedes-Benzes and the cheapest Rolls-Royce models. It’ s done a good job of creating sex appeal, says Rebecca Lindland, a senior analyst at Cox Automotive,“ but the reality is these brands have to make money.” With the average price of a Bentley around $ 250,000, you’ d expect the company to be raking in profits. But its operating margin through September 2017 sank to 2.5 %, well below that of proletarian automakers like General Motors and Ford. So modifying a Porsche platform could help Bentley keep costs down and boost margins, as long as it doesn’ t sacrifice its brand DNA, notes LMC Automotive analyst Jeff Schuster. Besides, he adds,“ leveraging Porsche isn’ t exactly slumming it in terms of technology and capability.”
The reality is both automakers have found viable business models.“ If I compare the cars and drive them, they are different,” says Wolfgang Dürheimer, the recently retired CEO at Bentley.“ Rolls-Royce is ultimate luxury. We are luxury and performance.”
And Rolls-Royce doesn’ t disagree.“ We are operating in a completely different price segment than Bentley,” says CEO Torsten Müller-Ötvös.
Of course, in this rarefied air, where wealthy owners possess an average of seven cars, it’ s not about price anyway.“ Our clients have garages like we have wardrobes,” Müller-Ötvös reasons.“ For every occasion there is the right car.”
FINAL THOUGHT
“ Whither goes thou, America, in thy shiny car in the night?”— JACK KEROUAC
AUTOS
THE HAUTE LIST
LAMBORGHINI TIME
Fast times call for a watch built for speed. The Swiss watchmaker Roger Dubuis will begin a partnership with Lamborghini Squadra Corse this spring to produce limitededition watches. The Excalibur Aventador S is made in a carbonfiber case with a movement inspired by the engine block of the Lamborghini Aventador.( Another model is inspired by the Huracàn Super Trofeo EVO.) Like the legendary Italian sports car, the Aventador S timepieces will have very limited production and come with luxurycar sticker prices— 88 pieces will be produced with accents of Lambo’ s Neptune Blue and Giallo Orion yellow( retailing for $ 194,500) while an 8-piece orangeaccented edition will cost $ 216,000.
THE HAUTE LIST BY MICHAEL SOLOMON
120 | FORBES FEBRUARY 28, 2018